Doctoral School of Management & Business Administration Sciences, Faculty of Economics & Social Sciences, Institute of Economics,
Law & Methodology, Szent Istvan University, H-2100 Godollo, Pater Karoly u. 1, Hungary.
Abstract
One of the main drivers of global economic growth is known to be East Asia’s economy. The success of this particular region has been influenced by its exceptional growth and development in exports. The region’s future success will be channelled closely to continued strong external demand. But the global economic resumption is a mixed picture with plenty of ambiguity. The purpose of the article was to analyse export competitiveness and revealed comparative advantages of global nuts and to compute the duration and stability of Balassa indices by employing Kaplan-Meier survival function and Markov transition probability matrices. Findings reveal that The United States, Turkey, and Iran were the major exporters of the selected nuts in the periods evaluated, together constituting 64% of all products exported with 84% of concentration, dominated by the fresh or dried almonds without shells, which composes more than 30% of trade among the evaluated nut products for all the periods, followed by fresh or dried hazlenuts without shells. The Balassa indices, nonetheless, were the highest for Iran and Turkey and lowest for Germany, France, and Netherlands. Generally, comparative advantages seem to decline for most countries with the exception of The United States and Chile as illustrated by the stability tests and mobility indices.
Keywords: Balassa, comparative advantage, global, recovery, export, mobility, stability.
